While a union representing health care workers is upset about approximately 30 positions being eliminated at Our Lady of Fatima Hospital and Roger Williams Medical Center, a spokesman for the hospitals said the layoffs are a response to changing market conditions.
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For those thinking that the finalized reforms to the state-worker pension system took care of all its issues, think again.
The outstanding problem is the fund's assumed rate of return. At the moment it is 7.5 percent. And with the reforms, …
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Accountants, actuaries, politicians and union leaders are scheduled to meet on Friday to discuss the looming Rhode Island crisis related to public pensions and other post-employment benefits at a seminar dubbed “The Gathering Storm.”
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PROVIDENCE – Mayor Jorge O. Elorza and the city firefighters union have tentatively agreed on a five-year contract that could potentially save the city $15 million over the course of the deal, according to a Sept. 12 announcement.
The …
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Mayor Jorge O. Elorza and the Providence firefighters union have reached a tentative agreement on a five-year contract that could potentially save the city $15 million over the course of the contract, according to an announcement Monday evening.
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What a job looks like has changed for many people since the recession. In general, things are looking up: Both unemployment and jobless claims are falling. But a good chunk of job creation has come at the highest and lowest ends of the spectrum, a trend that has only recently started to change with gains for middle-wage earners.
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Editor's note: This is the fourth and final installment in a series exploring how well Rhode Island cities and towns are funding municipal pension and benefit plans and the public-policy ramifications.
Hours after a Rhode Island Superior …
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